Another Gem Not Getting the Attention it DeservesIf BTC tanks to 38-42k and drags the rest of the market with it, I'll be DCA buying in further on KUCOIN:VRAUSDT , otherwise if BTC turns Reverse Cramer rules bullish, I'll sit and wait and hold my speculative altcoin bag of VRA and wait to confirm bottom structure and reversal.
VRAUSDT.P trade ideas
VRA may be painting strong double bottomIf you recall, VRA recently broke out from a falling wedge formation but was subsequently rejected after reaching the immediate supply area. As a result, its price has been dropping. However, it has now reached a significant support/demand zone, which has become an important point of interest. We've observed the price bouncing from this zone.
If this upward movement continues, we could potentially see the formation of a strong double bottom pattern. Our plan would be to ride the coin's momentum and closely monitor how the price reacts at the supply area. The chart provides a target for your trading decision.
We would love to hear your thoughts on VRA in the comments section.
Potential Big Move for Verasity (VRA)? History May Rhyme...Hello there, fellow traders!
I’ve been taking a close look at Verasity (VRA) and wanted to share an interesting pattern I’ve noticed on the VRA/USDT chart from KUCOIN.
This is my first time publishing an idea, so feel free to counter my idea as I am eager to improve. Before diving in, remember, this is not financial advice (NFA) – always do your own research and invest wisely!
Historical Patterns:
Looking at the daily chart, Verasity has shown some impressive movements in the past. Check out these key points:
Previous Cycle (A to F):
Starting Point (A): After a period of consolidation, VRA took off.
Peak (F): The price surged by an incredible 36,859.39%!
Current Analysis:
Potential Bottom (D?): We seem to be at a similar point to previous lows, suggesting a potential new cycle could be beginning.
Future Projection (F?): If history repeats, we could see a rise of around 21,059.58% from current levels.
Why This Matters:
Patterns like these can offer valuable insights, especially for those looking to time their investments. If VRA follows its historical trends, we might be in for a substantial upward movement.
Key Levels to Watch:
Support Levels: Around the “A” and “D” points, where prices have historically bottomed out.
Resistance Levels: The “B” and “F” points, marking significant peaks.
Final Thoughts
While these patterns are promising, remember that cryptocurrency markets are highly volatile and unpredictable. This analysis is based on historical data and past performance does not guarantee future results.
As always, this is not financial advice (NFA). Be sure to conduct your own research and consider your risk tolerance before making any investment decisions.
Happy trading and let’s see where VRA takes us next!
VRAUSDT at monthly support, likely to head higherThe price has once again come back to monthly support MS1 zone. It has bounce since then and currently trading between MS1 and WR1. The price is likely to head towards WR1 in coming weeks. However, it is likely to be rejected from there at first and the price will pull back there before resuming its upward move. On this next upward move, it is likely to breaj this weekly resistance WR1 and move up further targeting towards monthly resistance zone MR1.
VRA Technical Analysis in Weekly TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
The VRA/USDT chart on a weekly timeframe showcases a clear long-term downtrend. The support range between $0.00204 to $0.00360 is crucial for the next directional move.
A successful hold above this range and a breakout above the 50 EMA and Resistance trendline can trigger a strong uptrend of 40x gain, targeting the all-time high.
However, let us remain cautious of a break below the support, which would invalidate the bullish outlook.
Key Levels:
- Support/Entry: $0.00204 to $0.00360.
- Resistance: Around $0.0075.
- Invalidation Point: A close below the $0.00204 support level.
DYOR, NFA.
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Verasity (VRA) to make impulsive 20000% wave in 12-16 weeks?On the above weekly chart price action has corrected 97% since late 2021. A number of reasons now exist to consider a long positions. They include:
1) Price action and RSI resistance breakouts.
2) Trend reversal confirmation. Higher highs higher lows replace lower highs lower lows.
3) Support and resistance. Price action finds support on past resistance on the as is indicated by the Gaussian Channel. The trend reversal is also captured by the Gaussian channel with the change to Green.
4) Weekly candle print on the Gaussian Channel. (Black arrows). Price action confirms a bull market as the channel flips green + confirmed candle support. Should the following weekly print a green candle.. look left.
5) The 1st impulse wave returned a massive 21900% return from January 2021 Until March 2021. Yes, you read that correctly 12 weeks only. Should this impulsive wave repeat in the same time a 200x will be collected before June/July this year.
6) Each higher low that has printed on this chart did so at the Fibonacci 0.38. Look left. Price action is currently at the 0.38.
Is it possible price action corrects further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <= 6%
Timeframe for long: until mid April.
Return: 200%
Verasity Little market cap but big potential #VRA
**Verasity Signal**
From a technical perspective, Verasity is in an attractive buying range after breaking through $0.004 with momentum and surpassing the moving average. In yesterday's post, I discussed the goals of this project, and considering its small market cap of $40 million, it has the potential for significant growth. It seems that if we enter a bull market, we can anticipate targets of 1 to 2 cents by the end of 2024.
📈Support: $0.0032
1️⃣ First target: $0.0051
2️⃣ Second target: $0.007
VRA 1$ in 2025NASDAQ:VRA
Wave 1 and 2 have concluded
Wave 1 of wave (3) is nearing completion, expected around $0.04
After that, I'm expecting a significant market correction
Then, NASDAQ:VRA could offer a big buying opportunity at $0.003-$0.005🔃
The bull market target is $0.8-$1.4🎯
patience = profit
$VRA have a potential to reach 0.8$-1.4$NASDAQ:VRA
#200x-#500x potential
Wave "(1)" completed in 2021
right now moving into the corrective wave "(2)"
I'm looking for accumulating at wave "c" of wave "2" around (0.003)
bull market target (0.8-1.4$)
patience = profit
#NFA #DYOR #VRA #Verasity
keeps like, repost & follow
Vrausdt trading opportunityVRA/USDT has concluded its current wave cycle and is poised to commence a new one, with the price appearing to carve out a round bottom reversal pattern following the completion of the initial wave.
We have identified an optimal demand area that serves as a prime zone for accumulation; our chart illustrates targets ranging from the short-term to the anticipated neckline zone.
Additionally, the area marked as an extreme demand zone warrants vigilant monitoring, as significant buying activity may ensue if the price approaches this region, though a retest is not expected in the near future.
We foresee the potential for the round bottom formation to evolve into a cup and handle pattern once it approaches the neckline zone.
Your engagement through comments and likes is highly valued.
Thank you.
Wait for a sign!The 4-hour chart highlights key support zones around $0.0046 and $0.0041. The RSI shows a bullish divergence, indicating potential upward momentum. A breakout from the descending triangle could lead to a rally towards $0.0070, with further targets at $0.0120 and $0.0220. However, a failure to hold support may see prices testing lower levels around $0.0036
VRA ANALYSIS🔮 #VRA Analysis
💲💲 #VRA is trading in a Descending Triangle Pattern. If the price of #VRA breaks and sustain the higher price then will see a pump otherwise it will retest the support zone first and then a reversal can come in #VRA📈📉
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀
#VRA #Cryptocurrency #Support #Resistance #DYOR
